Granta sport versions
4x4 3 door
4x4 5 door
4x4 urban 5 door
AVTOVAZ sums up the results and elects new Board of Directors
Within the scope of the shareholders meeting, results for the year have been presented as well as strategic plans for the medium term have been announced. Three main achievements in 2014 were the following: development of a brand new model – LADA Vesta, market launch of another modification of the Russian bestseller in the B-segment - LADA Granta liftback, upcoming expansion of the niche product by launching of LADA Kalina Cross, LADA Largus Cross, LADA 4x4 Urban and LADA Kalina Sport vehicles lineup.
Response to stagnating car market was transition to the monthly planning of production and sales that allowed avoiding overproduction and overstock. At the same time, work on improvement the dealer network, both in Russia and abroad, has proceeded well.
In the area of sales promotion and cost optimization, work on preparation for introduction of the new principle of working with the customers based on ''pre-order'' (from July 1, 2014) has been started. This practice is used by the world`s leading corporations and allows to satisfy customer demands, reducing investments in the production of unpopular vehicles versions.
Carlos GHOSN, Chairman of the Board of Directors of JSC AVTOVAZ: ''We believe that JSC AVTOVAZ will maintain and strengthen its leading positions in the Russian automobile industry. We will continue to implement our strategy for sustainable profitable operation and positive cash flow, which play a vital role in the long-term prosperity of the company''.
Sergey CHEMEZOV, Deputy Chairman of the Board of Directors of JSC AVTOVAZ: ''Due to the critical market situation the past year was the difficult for the company. However, much has been achieved. Export of LADA vehicles is increased, we have done a lot of preparatory work, thanks to which this autumn three new company products will be submitted at once. In 2013, there was a replacement of top management who has been efficiently working for five years showing the enterprise the way out of crisis and thus laying the foundation for its further development. In accordance with the Strategy of AVTOVAZ, it is necessary to solve tasks for European quality standards achievement in terms of LADA vehicles lineup, new Renault-Nissan Alliance models launch is done”.
Bo Andersson, President of JSC AVTOVAZ: ''Our goal is to become the best automaker in Russia and strengthen its leadership position in the segment of affordable and high quality vehicles. We have all prerequisites for that. We employ excellent people, true professionals. We have a plan to increase the market share up to 20% and improve the profitability. We continue to assemble the vehicles for Renault-Nissan Alliance. And, at the same time, we strengthen the brand LADA by creating new and improving existing models and their quality, up to the end of this year we shall introduce to the market three new LADA models''.
AVTOVAZ Group increased revenue by 17.6% and got close to operating breakeven in H1 2017, but underlines risks for H2
PJSC “AVTOVAZ” held the Annual General Shareholders’ and the Board of Directors Meetings
AVTOVAZ increases the employees’ salary by 5%
LADA celebrates the Day of the first car
Legendary LADA 4x4 off-roader is turning 40
LADA 4х4 will become 40 years old on 5 April
Creator of the legendary LADA 4x4 (VAZ 2121 Niva) died at the age of 75
Dmitry Mikhailov Appointed AVTOVAZ Vice-president for Quality and Customer Satisfaction
LADA: key events of 2016
PJSC “AVTOVAZ” Board of Directors approves the company’s mid-term plan and 2017 budget
LADA concepts introduced to Plenipotentiary Representative of the Russian President in VFD Mikhail Babich
New Director for development of AVTOVAZ dealer network will implement new international quality and service standards
Ales Bratoz is to lead AVTOVAZ’s production and supply chain
AVTOVAZ’ S BOARD OF DIRECTORS ANNOUNCED PLANS TO RECAPITALIZE THE COMPANY
Max Missana will head LADA export